Forecast of domestic pepper price tomorrow 3/8/2025 will remain unchanged

Pepper price forecast tomorrow March 8, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 8.

Domestic pepper price forecast tomorrow, March 8, 2025, will maintain a slight increase, move sideways and stay at a high level.

Today's pepper price was updated on the afternoon of March 7, 2025 as follows: Domestic pepper prices fluctuated little, were stable and increased slightly compared to yesterday. Currently, the average pepper purchase price in key areas is 160,100 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable, unchanged compared to yesterday, currently the pepper purchase price in this locality is at 159,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little, currently pepper prices are purchased by traders at 159,000 VND/kg.

Pepper prices in Binh Phuoc province are stable and remain stable, currently the pepper price is purchased at 159,000 VND.

Pepper prices in Dak Lak province have stabilized and remained high after the previous increase, currently at 161,500 VND/kg.

Pepper price in Dak Nong province increased by 500 VND/kg compared to yesterday's trading session, currently pepper price is purchased at 162,000 VND/kg.

Domestic pepper price updated on March 7, 2025

Experts say that in the coming time, supply is expected to increase combined with weak international demand, which could put pressure on pepper prices unless international demand improves.

According to the Vietnam Pepper and Spices Association (VPSA), by the end of February 2025, Vietnam had exported 27,416 tons of pepper of all kinds, of which black pepper reached 22,360 tons and white pepper reached 5,056 tons.

Total export turnover reached 184.9 million USD, white pepper reached 37.0 million USD. Compared to the same period in 2024, export volume decreased by 11.9%, but export turnover increased by 48.1%. The average export price of black pepper reached 6,648 USD/ton and white pepper reached 8,501 USD/ton.

Farmers in Dak Nong province take care of pepper gardens

With its leading position in the world, Vietnam is not only a country exporting raw materials but is also shifting to developing deeply processed products, increasing export value. However, this item also faces many challenges, from climate change, pressure from harmful organisms, increasingly strict quality requirements from the international market, and increasing transportation costs.

Currently, the pepper growing area in Vietnam is only 15% of the coffee area and 12% of the rubber area, but the export value contributes 23% to the coffee industry (5.6 billion USD) and 38% to the rubber industry (3.4 billion USD). This shows the great potential of the pepper industry if invested in the right direction and increased added value.

The International Trade Center (ITC) said that the global market for spices and mixed spice products could grow at over 5.2% per year in the 2025-2030 period, with an estimated value of nearly 21 billion USD in 2025 and expected to increase to nearly 27 billion USD by 2030.

Update world pepper prices today March 7, 2025

World pepper price forecast tomorrow March 8, 2025 maintains an increase.

According to forecasts, world pepper prices tomorrow will maintain an increase and stay at a high level, however there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 7, 2025 as follows: the pepper market is bustling, most countries have increased fluctuations. Of which, Indonesia has an increase of 25 - 35 USD/ton, depending on the type; pepper prices in Malaysia increased by 100 USD/ton, depending on the type; pepper prices in Vietnam increased by 100 USD/ton, depending on the type.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,385 USD/ton (up 25 USD/ton); Muntok white pepper is currently purchased at 10,255 USD/ton (up 35 USD/ton).

The Malaysian pepper market suddenly increased after many previous stable sessions. Currently, the price of Malaysian ASTA black pepper is purchased at 9,800 USD/ton (up 100 USD/ton) and the price of ASTA white pepper is at 12,300 USD/ton (up 100 USD/ton).

Pepper prices in Brazil remain stable and sideways, currently the purchase price reaches 6,850 USD/ton.

Vietnam's pepper export market has turned to increase sharply. Specifically, the export price of Vietnam's black pepper is currently at 7,000 USD/ton (up 100 USD/ton) for the 500 g/l type; 550 g/l is at 7,200 USD/ton (up 100 USD/ton) and the price of white pepper is at 10,000 USD/ton (up 100 USD/ton).

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 8, 2025) on Congthuong.vn.

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-832025-di-ngang-377218.html